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Starbreeze AB (publ): Business Overview, Financials & Competitive Analysis

Starbreeze AB develops, publishes, and distributes PC and console games in Europe and North America. The company offers its games under the PAYDAY brand. The company is a Swedish developer and publisher known for icon...

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What's in This Report
Starbreeze AB (publ) OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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4/ 10Mixed

Cyborg Score thesis

Turnaround play dependent on successful PAYDAY 3 recovery and Project Baxter launch in 2026, with strong balance sheet offsetting...

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Industry Video Games - PC & Console Development and Publishing
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: June 15, 2026
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Starbreeze AB (publ) Overview

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Starbreeze AB develops, publishes, and distributes PC and console games in Europe and North America. The company offers its games under the PAYDAY brand. The company is a Swedish developer and publisher known for iconic franchises and live-service games.

Strategic Profile

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Full control of the PAYDAY franchise and expansion into new media are set to drive higher recurring, high-margin revenues and long-term brand value. The company is focused on enhancing PAYDAY 3 and advancing Project Baxter, set for a 2026 release, with a development team of 150 people split between the two projects.

Competitive Landscape

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Starbreeze competes in a crowded gaming market against major publishers and indie developers. Key competitors include larger publishers like Electronic Arts and Ubisoft in live-service gaming, while indie competitors challenge through digital distribution. Heavy reliance on a single franchise and execution risks threaten Starbreeze's revenue stability and long-term player retention; rising costs, regulatory scrutiny, and limited external funding may hinder profit growth.

Industry Context

Starbreeze AB (publ) operates in Video Games - PC & Console Development and Publishing.

Key facts

Founded: 1998 · Headquarters: Stockholm, Sweden · Employees: 186 · Revenue: SEK 56.6m (Q3 2025) · Market cap: SEK 175.44m (~$16M USD)

What the analysts stress-tested

The top findings that survived the multi-agent debate for Starbreeze AB (publ).

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

DestinyLive-service first-person shooterRainbow Six SiegeTactical shooter live-serviceWarframeFree-to-play action game

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Industry context

Starbreeze AB (publ) operates in Video Games - PC & Console Development and Publishing. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Starbreeze AB (publ) do?+
Starbreeze AB develops, publishes, and distributes PC and console games in Europe and North America. The company offers its games under the PAYDAY brand. The company is a Swedish developer and publisher known for icon...
What is Starbreeze AB (publ)'s Cyborg Score?+
Starbreeze AB (publ) has a Cyborg Score of 4/10 (Mixed). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Starbreeze AB (publ)'s main competitors?+
Named competitors include Destiny, Rainbow Six Siege, Warframe. The full competitive landscape is in the AskCyborg report.
How can I get the full Starbreeze AB (publ) research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
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The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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